Many smaller banks in the United States recently received a bit of surprising news. The banking agencies published their notices of proposed rulemaking relating to the bank capital requirements. The Basel III NPR made clear that only the smallest banks in the United States would be exempt from compliance with the heightened regulatory capital requirements… Continue Reading
Tag Archives: banks
Banks Save Their Pennies
Posted in Exchange Act Registration ThresholdsPrior to enactment of the JOBS Act, Section 12(g) of the Exchange Act required issuers to register a class of equity securities with the SEC if, on the last day of the issuer’s fiscal year, such class of securities was held of record by 500 or more record holders and the company had total assets… Continue Reading